SHIPPING: A Plan Defunct

With a few thousand well-chosen words Harry M. Daugherty, Attorney General,
disposed of the best laid plan of Messrs. Farley and Lasker, Chairman
and ex-Chairman of the Shipping Board, for disposing of the
Government's ships.

The plan, announced by Mr. Lasker before his retirement (TIME, June 18)
and perfected by his successor, Mr. Farley, was for the creation of 18)
and perfected by his successor, Emergency Fleet Corporation, which
would operate the ships. By this means complete lines were to be built
up, with trade names, goodwill, terminal facilities and all the...